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Oolitic, IN Real Estate


According to census data in the year 2000 there were 561 housing units in Oolitic. This represents a 5.2% decline from 592 in 1990.

Of those housing units, 561 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Oolitic is about 69.2%. Oolitic's vacancy rate, including seasonal lodging, is about 9.6%. Average household size is 2.31 people.

The majority of houses, apartments or condos in Oolitic were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom11.10%
Two Bedrooms37.80%
Three Bedrooms39.20%
Four Bedrooms8%
Five Bedrooms or more2.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.38
Median year structure was built1962
Median Value of occupied units$70,200
Median Price asked for vacant units$42,100

Rented Homes, Apartments and Condos

Average Household Size2.15
Median year structure was built1971
Median Monthly Rent asked for vacant units$311

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.80%
Home Equity Loan4%
Simple Mortgage50%
Debt Free40.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.3%